Technological solutions are increasingly helping shippers and carriers manage a boisterous business climate in which spot freight plays a prominent role.
November 2, 2021Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Technology Helps Manage Spot Market
Maersk Sees Global Shipping Markets Staying Tight Into 2022
A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.
November 2, 2021Ship Queues Worsen Port Delays From Singapore to Greece
The world’s largest shipping hubs are suffering elevated levels of congestion as containers pile up at seaports from Singapore to Greece’s Piraeus.
November 2, 2021Sinking Auto Steel Demand Reveals Cracks in Robust US Market
The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders of high-end metal used by automakers.
November 2, 2021GXO Releases First Quarterly Earnings Report
GXO Logistics released its first earnings report Nov. 1 after becoming an independent company.
November 1, 2021Wheat Price Surge Threatens to Speed Up Food Inflation
Benchmark wheat in Chicago climbed above $8 a bushel for the first time in almost nine years amid growing inflation pressures that threaten to raise already soaring food prices worldwide.
November 1, 2021New Arcapita Venture to Invest $2 Billion in US Warehouses
A new joint venture between alternative investment firm Arcapita Group Holdings and Arden Group plans to acquire $2 billion worth of industrial property assets in the U.S. as capital pours into niche real estate sectors amid the global pandemic.
November 1, 2021Vertical Cold Storage Acquires Liberty Cold Storage
Vertical Cold Storage announced it is acquiring Liberty Cold Storage from West Liberty Foods. Terms of the transaction are not public.
November 1, 2021West Coast Ports, Dockworkers Face 2022 Clash Amid Port Snarls
With a near-record 75 containerships waiting outside the U.S.’s largest port complex in Southern California, unionized dockworkers have strengthened their indispensable role in the supply chain.
November 1, 2021J.B. Hunt Adds Digital Freight Matching Within SAP ERP
J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.
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